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20110701
20110701
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great stuff. we have seen a lot of efforts, but things like rupert murdoch's daily have not excited us on a journalistic level. but i think we are laying groundwork for some institutions that they possibly do that in the next three to five years. >> i'm wondering what you think it would take for it to go to that next level and provide quality journalism. >> i just want to offer a slight difference of opinion. i think that we are seeing a couple of things happen right now. they are positive things that are happening. while it may be true that the first wave of online-only journalism tended to be national and international criticism and opinion, which got the name of blogs, what we are actually seeing of the local level is something even more exciting than that. as newspapers have become challenged, and we have seen, sadly, the destruction of capabilities of newspaper and local television stations and other media in the local arena, we are seeing a new layer journalism being created at the local level. some startups such as the "bases and close " in san francisco, "texas tribune" out in
. >> reporter: it seemed like a good idea at the time. >> rupert murdoch's news corp. because it for $580 million. they sold it for $35 million. >> reporter: that's a 94% loss. ♪ [ music ] >> reporter: a user of the space back in the day. >> when you go to myspace, i put all the music and stuff on there. >> reporter: it's still used by musicians. kind of. do you still use it? >> i still sometimes. i still post stuff on it, gigs, music, video. but i'm not sure about the traffic. >> reporter: it's been cut by half and then some from its peak of 70 million users to 30 million. myspace was the new big thing back when murdoch bought it in 2005. but two years ago, facebook overtook it and now has three- quarters of a billion users and one report says it could be worth $100 billion by next year. and then what? is there something new that no one has even thought of before that's going to come along and make facebook the new myspace? >> anything is possible. >> reporter: two guys at a san francisco dinner party came up with youtube and two years later it was sold for $1.6 billion! there's twitt
of your trust. and at the same time, i want to thank roger ails, rupert murdoch and everybody at the network for their trust. back here at 6:00 6789 >> glenn: how nice of you, thank you very much and patti ann came to the studio yesterday and she was so kind. she has always been kind to me and bill o'reilly, unbelievable gentleman. he is -- he's been great. i've always told you this is a show, as we break the set down here and restoring it to the way it was, which is weird, we're not transforming it. we're restoring it. i told you this show was a show. it is. we believe in something but we do a show. we have to get the eyeballs. that's -- do you remember the show with the bunny in the chainsaw? i admit many times i only do things like this to hack the left off. i will admit that. but we in the time we've been together tried to give you the tools. now is the time for action. i'm not your leader. and you know that. america's made of individuals. when individuals are strong, when the entrepreneur is strong, then we heal ourselves. that's the secret. it's you and me and people who
Search Results 0 to 2 of about 3

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